A 403(b) savings plan is an employer sponsored retirement plan for employees of school districts, governmental organizations and other 501(c)(3) nonprofit employers. While its counterpoint for employees of private employers, the 401(k) plan, is similar, there are some distinct differences are worthy of discussion. In this video, MemberMinds host Tom Nugent talks with Richard Ford, Chief Marketing Officer at PlanMember. They discuss: • What exactly a 403(b) is and who can contribute to one • Tax-advantages of a 403(b) and concurrent 457 contributions • 403(b) Roth options and other additional 403(b) features To get further insight about 403(b)'s and to find out if one might be right for you, please contact your PlanMember Financial Professional. www.planmember.com... ( read more )
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)